When something is paid in advance and must be expensed over one or more months in the future, accounting professionals must properly record the expense in a timely manner. The normal method for making this monthly entry is to use a journal entry (debit expense, credit prepaid expense). Advertisement. Many businesses make use of one Prepaid Expenses asset account in which several prepaid expenses commingle.
Homeopathic remedies are regulated by the U.S. Food and Drug Administration (FDA). However, FDA does not evaluate the remedies for safety or effectiveness. Several key concepts of homeopathy are inconsistent with fundamental concepts of chemistry and physics.
Homeopathy is a medical science developed by Dr. Samuel Hahnemann (1755-1843), a German physician. It is based on the principle that âlike cures likeâ. In simple words, it means that any substance, which can produce symptoms in a healthy person, can cure similar symptoms in a person who is sick.